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Chairman's Letter

To celebrate the 21-year milestone, growth, momentum and change are quickly coming to my mind. As we scan CNet history, we found our business becoming more complex. To meet customer's expectation, we are passionate and committed in keeping pace with the rapid development of technology in all aspects.

CNet is continuing to deliver our promise, ˇ§innovation, motivation, integrity, and quality assurance.ˇ¨ Our innovative networking solutions fulfill every conceivable network demand and large-scale network providers. With an emphasis on customer-orie n ted marketing strategy, we established strong expertise to provide up-to-date improvements for most network solutions. The goal is to provide innovative networking solution s for businesses and homes.

We have developed wireless networks to PCs and peripherals to share data and Internet connection in the past. Our core future business continues to reach record levels, and even more dramatic success. The vigorous transition for CNet is to pay close attention on providing consumers a ˇ§PC Free& Location Freeˇ¨ environment; and further, we aim to build a ˇ§Digital Homeˇ¨ for our customers to enhance their enjoyment of home.

CNet has reached a number of important milestones, and is continuing to roll out many excited new products and solutions to the marketplace. We deeply appreciate your patronage, and consider it a privilege to have your business . W e hope to continue providing you the better products and service to demonstrate our improved business.

Chairman and Chief Executive Officer

Joseph Wang